First Trust BICK Index Fund - BICK Short Interest Ratio & Short Volume

Short interest is the volume of First Trust BICK Index Fund shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 14,400 shares of BICK short. Learn More on First Trust BICK Index Fund's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. BICK shares currently have a short interest ratio of 2.0. Learn More on First Trust BICK Index Fund's short interest ratio.

First Trust BICK Index Fund saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 14,400 shares, a decrease of 43.8% from the previous total of 25,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to First Trust BICK Index Fund: iShares Currency Hedged MSCI Germany ETF (0.03%), First Trust Multi Cap Value AlphaDEX Fund (0.66%), First Trust Germany AlphaDEX Fund (0.05%), iShares MSCI Emerging Markets ex China ETF (2.09%), First Trust Japan AlphaDEX Fund (0.36%), iShares MSCI Qatar ETF (3.54%), WisdomTree Japan Hedged SmallCap Equity Fund (3.88%), First Trust Dorsey Wright Momentum & Dividend ETF (0.00%), First Trust Dorsey Wright Momentum & Value ETF (0.47%), and First Trust RiverFront Dynamic Europe ETF (7.93%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling BICK is an investing strategy that aims to generate trading profit from First Trust BICK Index Fund as its price is falling. BICK shares are trading down $0.07 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for First Trust BICK Index Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of BICK, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BICK, twice per month. The most recent reporting period available is March, 15 2023.